Pengaruh Kinerja Keuangan dan Corporate Governance terhadap Penghindaran Pajak
Keywords:
tax avoidance, firm size, profitability, corporate governance
Abstract
Tax avoidance is a strategy that aims to minimize corporate tax on pre-tax profit. This study aims to provide empirical evidence regarding the effect of company size, profitability, independent commissioners, and institutional ownership on tax evasion during the Covid-19 pandemic. The population in this study are manufacturing sector companies listed on the Indonesia Stock Exchange for the 2020-2021 period. By using purposive sampling technique, data were obtained from 74 companies so that 148 observations were obtained. This study shows the results that manufacturing sector companies listed on the IDX during the pandemic period, namely 2020-2021, several factors from financial performance and corporate governance influence the company's tax avoidance actions. The financial performance represented by the variable firm size and profitability shows a positive effect on tax evasion. In corporate governance, independent commissioners and institutional ownership have a negative effect on tax avoidance.
References
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[26] P. H. Jadi, A. Firmansyah, S. Wijaya, F. Irawan, and ..., “The Role of Corporate Social Responsibility Disclosure in Indonesia: How Do Bonus, Debt Covenant, Tax Avoidance Affect Earnings Quality?,” Hong Kong J. …, vol. 58, 2021, [Online]. Available: http://www.hkjoss.com/index.php/journal/article/view/477%0Ahttp://www.hkjoss.com/index.php/journal/article/download/477/473
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[28] S. W. Widodo and S. Wulandari, “Pengaruh Profitabilitas, Leverage, Capital Intensity, sales Growth dan Ukuran Perusahaan terhadap Penghindaran Pajak,” Simak, vol. 19, no. 1, pp. 152–173, 2021.
[29] A. Prasetyo and S. Wulandari, “Capital Intensity, Leverage, Return on Asset, dan Ukuran Perusahaan Terhadap Agresivitas Pajak,” J. Akunt., vol. 13, pp. 134–147, 2021, doi: 10.28932/jam.v13i1.3519.
[30] S. O. Rego and R. Wilson, “Equity Risk Incentives and Corporate Tax Aggressiveness,” J. Account. Res., vol. 50, no. 3, pp. 775–810, 2012, doi: 10.1111/j.1475-679X.2012.00438.x.
[31] I. Hasan, C. K. (Stan) Hoi, Q. Wu, and H. Zhang, “Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans,” J. financ. econ., vol. 113, no. 1, pp. 109–130, 2014, doi: 10.1016/j.jfineco.2014.03.004.
[32] J. Kovermann and P. Velte, “The impact of corporate governance on corporate tax avoidance—A literature review,” J. Int. Accounting, Audit. Tax., vol. 36, p. 100270, 2019, doi: 10.1016/j.intaccaudtax.2019.100270.
[33] V. C. Dang and Q. K. Nguyen, “Audit committee characteristics and tax avoidance: Evidence from an emerging economy,” Cogent Econ. Financ., vol. 10, no. 1, 2022, doi: 10.1080/23322039.2021.2023263.
[34] V. A. Tandean and Winnie, “The Effect of Good Corporate Governance on Tax Avoidance: An Empirical Study on Manufacturing Companies Listed in IDX period For Authors The Effect of Good Corporate Governance on Tax Avoidance: An Empirical Study on Manufacturing Companies Listed in IDX,” Asian J. Account. Res., vol. 1, no. 1, pp. 28–38, 2016, [Online]. Available: https://doi.org/10.1108/AJAR-2016-01-01-B004
[35] Mahendra Jaya Wardana and Sartika Wulandari, “Analisis Determinan Penghindaran Pajak Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia,” Kompak J. Ilm. Komputerisasi Akunt., vol. 14, no. 2, pp. 297–307, 2021, doi: 10.51903/kompak.v14i2.541.
[36] V. N. Damayanti and S. Wulandari, “the Effect of Leverage, Institutional Ownership, and Business Strategy on Tax Avoidance (Case of Listed Manufacturing Companies in the Consumption Goods Industry Period 2014-2019),” Accountability, vol. 10, no. 1, p. 16, 2021, doi: 10.32400/ja.33956.10.1.2021.16-26.
[37] F. Suciati and S. Wulandari, “Faktor-Faktor yang Berpengaruh terhadap Penghindaran Pajak Di Badan Usaha Milik Negara,” pp. 1083–1090, 2022.
[2] A. Halim, I. R. Bawono, and A. Dara, Perpajakan: Konse, Aplikasi, Contoh, dan Studi Kasusu, Edisi 3. Jakarta: Salemba Empat, 2020.
[3] R. M. Oktaviani, S. Wulandari, and Sunarto, “Multinational Corporate Tax Avoidance in Indonesia,” Int. J. Prof. Bus. Rev., vol. 8, no. 2, pp. 01–15, 2023, doi: 10.26668/businessreview/2023.v8i2.1549.
[4] Y. Ardiany, M. Herfina, S. Yuli, and A. Putri, “Differences in Earning Management and Tax Avoidance Before and During the Covid-19 Pandemic (Case Study on Companies Affected by Pandemic),” Adv. Econ. Bus. Manag. Res. , vol. 659, pp. 7–15, 2022.
[5] A. Firmansyah and R. Ardiansyah, “Bagaimana Praktik Manajemen Laba Dan Penghindaran Pajak Sebelum Dan Setelah Pandemi Covid19 Di Indonesia?,” Bina Ekon., vol. 24, no. 2, pp. 31–51, 2021, doi: 10.26593/be.v24i1.5075.87-106.
[6] E. Suandy, Perencanaan Pajak Edisi 6. 2017.
[7] Purwaningsih, A. Hajanirina, and I. Pratiwi Simbolon, “Perusahaan Manufaktur di Bursa Efek Indonesia: Tax Avoidance Dijelaskan oleh Variabel Proporsi Dewan Komisaris, Ukuran Perusahaan, Profitabilitas dan Leverage,” JAAF (Journal Appl. Account. Financ., vol. 4, no. 1, pp. 60–74, 2020, doi: 10.33021/jaaf.v4i1.1240.
[8] A. Hasan, W. Anwar, M. K. Zahir-Ul-Hassan, and A. Ahmed, “Corporate governance and tax avoidance: evidence from an emerging market,” Appl. Econ., pp. 1–17, 2023.
[9] G. Taylor and G. Richardson, “International Corporate Tax Avoidance Practices: Evidence from Australian Firms,” Int. J. Account., vol. 47, no. 4, pp. 469–496, 2012, doi: 10.1016/j.intacc.2012.10.004.
[10] T. Chen and C. Lin, “Does Information Asymmetry Affect Corporate Tax Aggressiveness?,” J. Financ. Quant. Anal., vol. 52, no. 5, pp. 2053–2081, 2017, doi: 10.1017/S0022109017000576.
[11] A. D. . Pinastika and F. Irawan, “Faktor Penentu Tarif Pajak Efektif Pada Perusahaan Kesehatan: Sebelum dan Saat Covid-19,” J. Ekon., vol. 26, no. 3, p. 412, 2021, doi: 10.24912/je.v26i3.799.
[12] M. Hanlon and S. Heitzman, “A review of tax research,” J. Account. Econ., vol. 50, no. 2–3, pp. 127–178, 2010, doi: 10.1016/j.jacceco.2010.09.002.
[13] S. K. Agyei, E. Marfo-Yiadom, A. Ansong, and A. A. A. Idun, “Corporate Tax Avoidance Incentives of Banks in Ghana,” J. African Bus., vol. 21, no. 4, pp. 544–559, 2020, doi: 10.1080/15228916.2019.1695183.
[14] F. Wang, S. Xu, J. Sun, and C. P. Cullinan, “Corporate Tax Avoidance: a Literature Review and Research Agenda,” J. Econ. Surv., vol. 34, no. 4, pp. 793–811, 2020, doi: 10.1111/joes.12347.
[15] F. Z. Waruwu and E. Kartikaningdyah, “The Effect of Firm Size, ROA and Executive Character on Tax Avoidance,” Adv. Soc. Sci. Educ. Humanit. Res., vol. 377, no. Atlantis Press, pp. 117–124, 2019, doi: 10.2991/icaess-19.2019.23.
[16] M. Susanti, “Corporate social responsibility, Size and tax avoidance,” Int. J. Econ. Perspect., vol. 11, no. 1, pp. 1639–1650, 2017, doi: 10.1111/jpet.12341.
[17] Yuniarwati, I Cenik Ardana, Sofia Prima Dewi, and Caroline Lin, “Factors That Influence Tax Avoidance in Indonesia Stock Exchange,” Chinese Bus. Rev., vol. 16, no. 10, pp. 510–517, 2017, doi: 10.17265/1537-1506/2017.10.005.
[18] R. Handayani, “Effects of Tax Avoidance and Financial Performance on Firm Value,” Int. J. Manag. Stud. Soc. Sci. Res., vol. 2, no. 5, pp. 159–168, 2020, [Online]. Available: www.ijmsssr.org
[19] R. Ball, J. Gerakos, J. T. Linnainmaa, and V. V. Nikolaev, “Deflating profitability,” J. financ. econ., vol. 117, no. 2, pp. 225–248, 2015, doi: 10.1016/j.jfineco.2015.02.004.
[20] S. D. Dyreng, M. Hanlon, and E. L. Maydew, “Long-run corporate tax avoidance,” Account. Rev., vol. 83, no. 1, pp. 61–82, 2008, doi: 10.2308/accr.2008.83.1.61.
[21] S. L. Dewi and R. M. Oktaviani, “Pengaruh Leverage, Capital Intensity, Komisaris Independen Dan Kepemilikan Institusional Terhadap Tax Avoidance,” Akurasi J. Stud. Akunt. dan Keuang., vol. 4, no. 2, pp. 179–194, 2021, doi: 10.29303/akurasi.v4i2.122.
[22] N. Sari, E. Luthan, and N. Syafriyeni, “Pengaruh Profitabilitas , Leverage, Komisaris Independen, Kepemilikan Institusional, dan Ukuran Perusahaan terhadap Penghindaran Pajak pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia pada Tahun 2014-2018,” vol. 20, no. 2, pp. 376–387, 2020, doi: 10.33087/jiubj.v20i2.913.
[23] J. N. Tebiono, I. D. A. Bagus, and N. Sukadana, “Faktor-Faktor Yang Mempengaruhi Tax Avoidance Pada,” J. Bisnis dan Akunt., vol. 21, no. 1, pp. 121–130, 2019.
[24] I. Prasetyo and B. A. Pramuka, “Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial dan Proporsi Dewan Komisaris Independen terhadap Tax Avoidance,” J. Ekon. Bisnis, dan Akunt., vol. 20, no. 2, pp. 1–8, 2018, doi: 10.32616/jbr.v1i2.64.
[25] A. A. Putri and N. F. Lawita, “Pengaruh Kepemilikan Institusional Dan Kepemilikan Manajerial Terhadap Penghindaran Pajak,” J. Akunt. dan Ekon., vol. 9, no. 1, pp. 87–104, 2019, doi: 10.32795/widyaakuntansi.v1i1.249.
[26] P. H. Jadi, A. Firmansyah, S. Wijaya, F. Irawan, and ..., “The Role of Corporate Social Responsibility Disclosure in Indonesia: How Do Bonus, Debt Covenant, Tax Avoidance Affect Earnings Quality?,” Hong Kong J. …, vol. 58, 2021, [Online]. Available: http://www.hkjoss.com/index.php/journal/article/view/477%0Ahttp://www.hkjoss.com/index.php/journal/article/download/477/473
[27] L. N. Faadiyanti and S. Wulandari, “Tax Avoidance dari Sudut Pandang “ Size , Return On Asset , Leverage , Capital Intensity dan Komisaris Independen,” vol. 6, no. 2, pp. 666–683, 2022.
[28] S. W. Widodo and S. Wulandari, “Pengaruh Profitabilitas, Leverage, Capital Intensity, sales Growth dan Ukuran Perusahaan terhadap Penghindaran Pajak,” Simak, vol. 19, no. 1, pp. 152–173, 2021.
[29] A. Prasetyo and S. Wulandari, “Capital Intensity, Leverage, Return on Asset, dan Ukuran Perusahaan Terhadap Agresivitas Pajak,” J. Akunt., vol. 13, pp. 134–147, 2021, doi: 10.28932/jam.v13i1.3519.
[30] S. O. Rego and R. Wilson, “Equity Risk Incentives and Corporate Tax Aggressiveness,” J. Account. Res., vol. 50, no. 3, pp. 775–810, 2012, doi: 10.1111/j.1475-679X.2012.00438.x.
[31] I. Hasan, C. K. (Stan) Hoi, Q. Wu, and H. Zhang, “Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans,” J. financ. econ., vol. 113, no. 1, pp. 109–130, 2014, doi: 10.1016/j.jfineco.2014.03.004.
[32] J. Kovermann and P. Velte, “The impact of corporate governance on corporate tax avoidance—A literature review,” J. Int. Accounting, Audit. Tax., vol. 36, p. 100270, 2019, doi: 10.1016/j.intaccaudtax.2019.100270.
[33] V. C. Dang and Q. K. Nguyen, “Audit committee characteristics and tax avoidance: Evidence from an emerging economy,” Cogent Econ. Financ., vol. 10, no. 1, 2022, doi: 10.1080/23322039.2021.2023263.
[34] V. A. Tandean and Winnie, “The Effect of Good Corporate Governance on Tax Avoidance: An Empirical Study on Manufacturing Companies Listed in IDX period For Authors The Effect of Good Corporate Governance on Tax Avoidance: An Empirical Study on Manufacturing Companies Listed in IDX,” Asian J. Account. Res., vol. 1, no. 1, pp. 28–38, 2016, [Online]. Available: https://doi.org/10.1108/AJAR-2016-01-01-B004
[35] Mahendra Jaya Wardana and Sartika Wulandari, “Analisis Determinan Penghindaran Pajak Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia,” Kompak J. Ilm. Komputerisasi Akunt., vol. 14, no. 2, pp. 297–307, 2021, doi: 10.51903/kompak.v14i2.541.
[36] V. N. Damayanti and S. Wulandari, “the Effect of Leverage, Institutional Ownership, and Business Strategy on Tax Avoidance (Case of Listed Manufacturing Companies in the Consumption Goods Industry Period 2014-2019),” Accountability, vol. 10, no. 1, p. 16, 2021, doi: 10.32400/ja.33956.10.1.2021.16-26.
[37] F. Suciati and S. Wulandari, “Faktor-Faktor yang Berpengaruh terhadap Penghindaran Pajak Di Badan Usaha Milik Negara,” pp. 1083–1090, 2022.
Published
2023-12-01
How to Cite
Wulandari, S., Rachmawati Meita Oktaviani, Sunarto, & Widhian Hardiyanti. (2023). Pengaruh Kinerja Keuangan dan Corporate Governance terhadap Penghindaran Pajak. Kompak :Jurnal Ilmiah Komputerisasi Akuntansi , 16(2), 405-416. https://doi.org/10.51903/kompak.v16i2.1352
Section
Articles
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